LTE Under Consideration: It is Time for Carbon Pricing

Biden’s ambitious efforts have been welcomed by the climate scientists and environmentalists but criticized by the fossil fuel industry. Trends are changing. An official with the U. S. Chamber of Commerce which represents many major American corporations said it “supports a market-based approach to accelerate greenhouse gas emissions reductions across the U. S. economy.” This is a shift in policy. American Petroleum Institute is willing to review market-based carbon pricing options as reported by Wall Street Journal.

Energy Innovation and Carbon Dividend act is a policy endorsed by leaders of both parties. It would create jobs, reduce emissions while helping low income households. There are other which would create job training programs, promote clean energy sources, carbon capture and energy storage technologies.

We want a thoughtful mix of policies that will reduce harmful emissions while addressing fossil fuel industry’s job losses, environmental justice and health issues to meet climate goals.

Kalpana Sutaria

Submitted to the Austin American-Statesman

March 11, 2021

Texas Fights an Energy Battle That’s Already Lost

Re: Jan. 29 article, “Gov. Greg Abbott says Texas is prepared to sue Biden administration over environmental regulations.”

On Jan. 28, the LBJ Future Forum hosted a panel of respected speakers on “Austin’s Energy Innovation Future.” The message: Texas will thrive with clean energy companies and new industries that are already here and growing. Market signals from Washington and from corporate headquarters everywhere are reassuring investors that clean energy and emissions-reducing technologies are good bets.

That same day Gov. Abbott announced Texas will sue the Biden administration to protect oil and gas every chance it gets. Such pledges to protect fossil fuels send confusing signals about the welcome that clean technology companies will get in Texas.

Corporate decision makers know the future is away from fossil fuels. So instead of continuing to fight a battle that’s already lost, wouldn’t Texans be better served by a state government that is building a glide path for oil workers to a clean energy future?

Cynthia Lesky

Austin American-Statesman

February 7, 2021